How Much Does a Home Care for the 21st Century Franchise Cost?
Data from the 2023 Franchise Disclosure Document
Investment Summary
Total Investment
$116K – $197K
Franchise Fee
$70K
Royalty
6.9%
Ad Fund
1.0%
Cost Breakdown
Initial Franchise Fee
The initial franchise fee for Home Care for the 21st Century is $70K. This one-time payment covers the right to operate under the brand, access to proprietary systems, and initial training programs.
Total Investment Range
Opening a Home Care for the 21st Century franchise requires a total investment of $116K – $197K. This range typically includes real estate or leasehold improvements, equipment and fixtures, initial inventory, signage, insurance, and working capital to sustain operations during the ramp-up period.
Working capital alone ranges from $50K to $80K.
Ongoing Costs
Beyond the initial investment, Home Care for the 21st Century franchisees pay ongoing fees. The royalty fee is 6.9% of gross sales (Percentage of Gross Sales). The advertising or brand fund contribution is 1.0% of gross sales. There is also a technology fee of $21.
Net Worth & Liquid Capital Requirements
Home Care for the 21st Century requires working capital of $50K – $80K to cover initial operating expenses. This is the liquid cash you should have available beyond the franchise fee and buildout costs.
What Can You Earn?
Home Care for the 21st Century does not disclose earnings data in Item 19 of its Franchise Disclosure Document. Not all franchisors choose to publish financial performance representations, though this is a data point many prospective franchisees consider important.
How Do Banks View Home Care for the 21st Century?
SBA Loans Issued
9
Default Rate
100.0%
The SBA (Small Business Administration) tracks loan performance for franchise brands. Home Care for the 21st Century has 9 SBA-backed loans on record. The default rate is 100.0%, which is above the franchise industry average, suggesting higher lending risk. A lower default rate generally indicates that lenders view the franchise as a safer investment, though past performance does not guarantee future results.
Next Steps
Talk to current Home Care for the 21st Century franchise owners
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